Spirulina is a high-value nutritional product whose market potential is growing in both developed and developing countries. Owing to its high protein, vitamin, mineral, and micro-nutrient content, Spirulina is an ideal food supplement for the malnourished as well as the health-conscious who wish to boost their immune systems. Therefore, markets for this product are to be produced in the Eastern and Southern African and the Indian Ocean (ESA-IO) region as well as in developed countries in Europe, North American, and Asia. Spirulina has reached a developed stage in the beverages market. In recent years it has witnessed significant growth owing to the growing number of health-conscious consumers, rising disposable income and changing lifestyle. Moreover, growing demand for food supplements and the rising focus on healthy diets to boost the Immune System is further expected to create substantial growth opportunities during the forecast period.
The Global Spirulina Beverages market is categorized on the basis of product, Distribution Channel, and region. On the basis of Product Type, the market is segmented into Solid Beverage and Liquid Beverage. On the basis of Distribution Channel Mode Type, the market is segmented into Hypermarket and Supermarket, Online Retail, and Others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. On the other hand, Asia-Pacific is expected to dominate the market during the analysis of the forecast period.
The report further identifies detailed competitive intelligence of Algama Foods, Prologue Spirulina Supplies, Smart Chimp, Tavelmout Corporation, Sol-ti (JuiceDelivery, LLC), EuyouAngel, Minimalist Baker Recipes, Unicorn Superfoods, Athletic Greens, Nested Naturals Inc., Earthrise Spirulina, SCOTBIO, Cyanotech Corporation, now health group Inc., Naturya, and Other Prominent Player.
Key Factors Covered in Competitive Landscape
- Company Overview
- Financial Performance
- Key Development
- Latest Strategic Developments
